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Kwantlen Polytechnic University received a semi-annual donation of $50,000 per year for the next fifteen years, with the first payment being received today. Given a

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Kwantlen Polytechnic University received a semi-annual donation of $50,000 per year for the next fifteen years, with the first payment being received today. Given a discount rate of 5.5% compounding semi-annually, determine the present value of the donation. Select one: a. $529,482 b. $1,012,465 x c. $1,040,308 d. $1,500,000

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